TRX Price Prediction: Key Factors to Watch in July 2025
#TRX
- Technical Strength: TRX trades above its 20-day MA and tests upper Bollinger Band resistance
- Market Liquidity: New 1B USDT minting may support crypto prices
- Macro Risks: Tariff negotiations could create volatility
TRX Price Prediction
TRX Technical Analysis: Bullish Signals Emerging
TRX is currently trading at 0.28290000 USDT, above its 20-day moving average of 0.275555, indicating a potential bullish trend. The MACD histogram shows a slight bearish momentum with values at -0.002830 (MACD line), 0.000243 (signal line), and -0.003073 (histogram). However, the price is hovering NEAR the upper Bollinger Band at 0.286435, suggesting strong buying interest. According to BTCC financial analyst John, 'TRX appears to be testing resistance levels, and a breakout above the upper Bollinger Band could signal further upside.'
Market Sentiment Mixed Amid Macroeconomic Uncertainty
The crypto market faces pivotal decisions this weekend amid ongoing tariff negotiations, which could impact risk assets like TRX. Additionally, Tether's minting of 1 billion USDT on Ethereum may inject liquidity into the market. BTCC analyst John notes, 'While the Tether issuance is technically bullish for liquidity, traders should monitor how macro headwinds affect overall crypto sentiment.'
Factors Influencing TRX’s Price
Crypto Market Faces Crucial Weekend Decisions Amid Tariff Negotiations
The cryptocurrency market braces for heightened volatility as weekend trading coincides with pivotal tariff negotiations between the US, EU, and China. ETF inflows suggest institutional positioning ahead of potential macroeconomic resolutions. ADA, UNI, and TRX emerge as focal points for traders navigating the uncertainty.
Cardano (ADA) hovers at $0.57, with technical analysts eyeing $0.63 as a critical breakout threshold. The coin's performance appears tethered to transatlantic trade developments—a leaked EU report contradicts US optimism, creating binary outcome scenarios for risk assets.
Market depth remains fragile with Bitcoin struggling below $108,000. The impending India trade deal offers counterbalance to EU tensions, creating competing forces for digital asset valuations. Weekend liquidity conditions may amplify price swings across altcoins.
Tether Mints Additional 1 Billion USDT on Ethereum Network
Tether has minted another 1 billion USDT tokens on the Ethereum network, bringing its total authorized supply on the blockchain to nearly $75 billion. The move, flagged by Whale Alert, represents a strategic liquidity reserve rather than an immediate circulation event.
The stablecoin issuer maintains these treasury holdings to accommodate sudden demand surges and facilitate seamless chain swaps. Ethereum now trails Tron's $80 billion USDT authorization by a narrow margin, following an $18 billion mint earlier this year that temporarily shifted the balance between networks.
With a total circulation of $150 billion, Tether commands 61% of the dollar-pegged stablecoin market. Circle's USDC remains a distant second at 25% market share. The latest mint reinforces Tether's infrastructure readiness as stablecoin adoption continues accelerating across decentralized finance.
Is TRX a good investment?
TRX shows both technical strength and macroeconomic risks. Below is a summary of key metrics:
Indicator | Value | Implication |
---|---|---|
Price | 0.2829 USDT | Above 20-day MA (bullish) |
MACD Histogram | -0.003073 | Bearish momentum fading |
Bollinger Bands | 0.286435 (Upper) | Testing resistance |
John from BTCC advises: 'TRX could reward investors if it breaks resistance, but caution is warranted given macro uncertainties.'
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